Re: Why is catching a baseball taxable income?

Aug 18, 2007 0 Replies


If you consider the past response of IRS to the issue of


> historic homerun balls it would seem that the question
> about the timing of crossing home plate is not so frivolous
> after all. It seems to me IRS has recognized the timing
> issue and that explains their past response.

The explanation of the IRS tax treatment of earlier high-value home run balls is explained by political pressure. High level political appointees within the IRS made the decision after being pressured by members of Congress and other senior officials in the Treasury department and at the White House.



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